Tom Tugendhat

Tom Tugendhat

Conservative — Tonbridge

Speaking in the House of Commons on 5 November 2024

Debate

Income Tax (Charge)

Contribution

I will not, because I have been asked to be quick. That is not just a burden on those kids, but a rejection of the relationship between family members in their willingness and desire to invest in the future. I know that the Labour Government claim that the only way for investment to be done is by the state, that the only thing that really matters is when that is done by a bureaucrat and a civil servant, that the only thing that really counts is when the Government pay for it. But we know that is simply not true. We know that business and the freedom to invest, plan and forecast are what make an economy grow. Sadly, the Government have tried to nationalise the future, shorten the time horizon and make us all pay for it. That is why growth is falling, taxes are rising and the future is made worse again and again under Labour.

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